Tag: Dubai Islamic Bank
Dubai Islamic Bank lists $750mn Sukuk on Nasdaq Dubai
Dubai Islamic Bank (DIB), Dubai's first Islamic financial institution, has listed a $750 million Sukuk on Nasdaq Dubai, the region's international financial exchange.
The 5-year...
Dubai Islamic Bank joins ‘UAE Trade Connect’ to boost financial stability
Dubai’s first Islamic financial institution, Dubai Islamic Bank (DIB) has become an official member bank of the first blockchain platform of its kind in...
Dubai Islamic Bank merges with Noor Bank
Dubai Islamic Bank (DIB), the largest Shariah-compliant bank in the UAE, has completed the integration of Dubai-based Noor Bank following the successful merger of...
Dubai Islamic Bank reports $571.7 Mn net profit for H1 2020
UAE's largest Islamic bank, Dubai Islamic Bank (DIB) has reported a net profit of $571.73 million for the first half (H1) of 2020, a...
Dubai Islamic Bank secures $1 billion from its highly-valued Sukuk issue
Dubai Islamic Bank (DIB) has successfully secured a $1 billion extended 5-year Sukuk with a profit rate of 2.95% per annum, which is comparable...
Sharjah contemplating amassing $1 billion from international debt markets
Sharjah, the third largest and populated emirate has appointed banks to accumulate as much as $1 billion from international debt markets as neighboring states...
Neopharma aims $272.2 billion debt restructuring
Neopharma, the pharmaceutical company established by B.R. Shetty, is set to kick off talks to restructure Dh1 billion of debt under pressure from its...
